Do I actually NEED a buy-to-let in this situation?

florence4

There are a few reasons, Thrugelmir...

Because my employment income is relatively low, so it would take me about 8 years to save the difference between what I could borrow on a standard residential mortgage, and what a 'next step' house would cost... But meanwhile I own this unencumbered property that I can mortgage and rent out...

Because the sales market is stagnant around here, and houses like mine have been on the market for a year... But meanwhile the rental market is very healthy...

Because my current house is full of stairs and I need one that's flatter, and have seen something I like!